Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Consolidation Phase in Long Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
CRYPTOCAP:BTC #BTC fell below $66,323 support, currently testing to get back above it, Two bullish engulfing on 4H, RSI on 4H and 1D looking good, $68,546 support needed to reattempt at $71,379.
In the realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as a leading digital asset. As financial experts, analyzing BTC's movements provides invaluable insights into market trends and potential trading opportunities. Currently, BTC shows signs of bullish momentum, with buyers dominating the market. Through careful pattern analysis, a...
CRYPTOCAP:BTC #BTC Given resistance at $71,379 held strong, dropped to $66,323 support area followed by 3rd failed attempt at the resistance to breakout, $66,961 testing as of now, RSI on 4H and 1D looks fine, just 18 days away from the 4th halving, Watch given S/R on the chart
Currently, BTC is in the H1 supply zone. Rejection from this zone takes it to the H1 Sellside liquidity. Invalidation point is to closing H1 candle above supply zone
Possible long/buy opportunity on weekly time frame, incase there is a pullback. The area highlighted offers a great opportunity to add, enter or buy.
CRYPTOCAP:BTC #BTC On $68,548 support followed by bearish engulfing on 4h, Support held good. $69,813 testing as of now. Previous 1D closed bearish, support could be tested further, $71,379 resisted last climb. RSI is looking good on 4h, if maintained the pace it could reattempt the $72,162 resistance. Possible Bullish engulfing forming on 4h - almost 2h to close...
In the realm of finance, Bitcoin has emerged as a transformative force, captivating investors and experts alike with its potential to redefine the financial landscape. As a financial expert, I offer insights into the intricacies of Bitcoin and its implications for the global economy. Bitcoin, a decentralized digital currency, represents a paradigm shift in the...
As a seasoned financial expert, I offer a comprehensive analysis of Bitcoin, the pioneering cryptocurrency that has captivated investors and reshaped the financial landscape. Bitcoin, often referred to as digital gold, has emerged as a disruptive force in the world of finance. Its decentralized nature and innovative blockchain technology have sparked a wave of...
CRYPTOCAP:BTC #BTC $71,379 resistance in effect, Finally back above $68,546, RSI on 1D and 4H looks fine. Next resistance area $72,162-$73,523, $68,546 support yet to be tested,
As I mentioned in the previous idea that we are going to make new all time high. This is an inverted head and shoulders pattern and the goal of this pattern is 75500$ to 76000$ See you there soon!
Bitcoin is currently in an accumulation phase with a trendline formation. Once BTC breaks this trendline, we will see new highs. Chart reveals all. up, up and away web
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge CHoCH Fibonacci Level - 61.80%
OKX:BTCUSDT.P Short trading idea = Head and shoulders + Rising wedge + Fibonacci retracement 0.618 + Fibonacci retracement 0.786 + Retest level 30000 = Enter 61175 = Exit 53921 + 47241 + 31047 I am interested in your opinion on this algorithm of actions deposit 20% of the asset order 20% of deposit shoulder ×20 cross margin take profit 25+-% of the...
#BTC #Bitcoin has rallied on the back of the Fed holding rates and the USD tanking. The move seems over extended and has traded into a key resistance level. On the 1D time frame we can see lower lows/highs and a bearish break of structure. In the video we discuss a possible short opportunity on a 15m timeframe if price action sets up the right conditions.
Hello everyone. First of all I should say happy new year (Nowrooz) to all iranian people around the world specially iranian traders community. Im going to explain how will BTC behave in coming months according to Elliot wave principles. As you know wave analysis act better in higher timeframes like Weekly. So I want to take a look at BTC price action from Nov 2022...
Hello everyone.BTC technical analysis: Today, the daily level of the large cycle closed on the negative line yesterday, the K-line pattern continued to fall, the price continued to break downwards, and the indicator in the attached picture was dead cross downward and the volume was running. In this way, the current retracement The trend is still continuing, so...